July total red meat and poultry stocks were up 1.3 percent from June but down 13 percent from July 2020. Five-year lows in pork and poultry meat stocks have become routine features of the monthly Cold Storage report, but this month’s surprise came from beef stocks. Beef stocks were steady during a month when supplies seasonally increase, leaving total red meat stocks unchanged from June but 8.4 percent smaller than the same period last year. Total poultry stocks grew 2.3 percent month-over-month (MoM) and are fell 16.3 percent year-over-year (YoY)...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...